On December 12, Gelonghui announced that Jiangsu High Hope International Group Corporation (600981.SH) disclosed that the company plans to conduct an asset swap with its controlling shareholder, Jiangsu Suhao Holding Group Co., Ltd. (referred to as "Suhao Holding"). The assets to be acquired are 100.00% equity of Jiangsu Nonferrous Metals Import & Export Co., Ltd. (referred to as "Jiangsu Nonferrous") directly held by Suhao Holding, while the assets to be disposed of are 54.00% equity of Jiangsu High Hope International Group Zhongjia Development Co., Ltd. (referred to as "High Hope Zhongjia") and 55.00% equity of Jiangsu High Hope Ruiying Fashion Supply Chain Operation Co., Ltd. (referred to as "High Hope Ruiying") held directly by the company. According to the appraisal report issued by Jinzheng (Shanghai) Asset Appraisal Co., Ltd., as of the evaluation benchmark date of September 30, 2024, the assessed value of the 100.00% equity in Jiangsu Nonferrous is 449.9929 million yuan, the assessed value of the 55.00% equity in High Hope Ruiying is 106.7 million yuan, and the assessed value of the 54.00% equity in High Hope Zhongjia is 328.86 million yuan. The difference of 14.4329 million yuan between the acquired and disposed assets is listed as other payables of Jiangsu High Hope International Group Corporation to Suhao Holding, and the final settlement of mutual funds will take place after the complete delivery of all exchanged assets.
According to Suhao Holding's commitment to eliminate industry competition, the company will focus on Commodity-related businesses in the future. This Trade will further optimize the asset structure, enhance the company's specialized operational level, improve the layout of the CSI Commodity Equity Index Sector, accelerate the development of the CSI Commodity Equity Index Sector, and achieve effective resource allocation, which is beneficial to safeguarding the interests of all shareholders of the company. This asset swap will not cause any significant adverse impact on the company's financial condition and production operations. After this asset swap is completed, the existing industry competition issue of the listed company has not been completely resolved, and Suhao Holding will actively and steadily further promote a solution based on the actual situation.
